33 Ways to Save Tax Every UK Business Owner Should Know

🏆 This Week’s Profit First Club Newsletter

Estimated Read Time: under 3 minutes

Hi everyone,

It’s Stephen Edwards from Gro Profit First Accountants, and welcome to this week’s Profit First Club Newsletter!

This week, I’m diving into 33 practical ways to save tax—not gimmicks or loopholes, but proven strategies that keep more profit in your pocket while staying compliant.

Most business owners I speak to are focused on sales and growth (and rightly so), but they don’t always realise how much of their profit is being lost unnecessarily to tax.

👉 The reality is that you could be missing out on £5,000–£10,000 in savings every single year simply because your setup hasn’t been reviewed properly.

🧠 Key Insights from This Week’s Video

Here are a few highlights:

  • The three layers of tax support every business should have: compliance, tax planning, and proactive strategy.

  • Why salary vs. dividends vs. pensions is one of the simplest but most overlooked ways to optimise your personal tax bill.

  • How family businesses can legally reduce tax by employing spouses and children in the right way.

  • Why timing matters—aligning your business year-end with personal circumstances can sometimes save thousands.

  • Real examples, including a family business that uncovered a £50,000 saving simply by restructuring how profits were withdrawn.

📺 The full video goes into all 33 strategies in detail, with case studies and practical examples you can apply.

💡 Thought for the Week

Knowledge is only potential power. It’s the action you take with that knowledge that creates results.

Whether it’s pensions, vehicles, or profit extraction, the businesses that win are the ones that treat tax as part of their strategy, not just a year-end obligation.

✅ Next Step

If this has sparked ideas and you’d like to see how much tax you could be saving in your own business, I offer a Tax Discovery Call.

We’ll run a quick diagnostic review and show you where hidden savings might be sitting. Many clients see between £3,000–£10,000 in savings, and sometimes far more.

Until next time,

Stephen Edwards
Profit First Accountant & Business Coach
Gro Profit First Accountants

📗 Haven’t read my book yet?
Get your copy of How to Build a Business That Runs Without You on Amazon now.

Want some help?

3 Ways I can help you.

  1. Book a Tax Diagnostic Discovery Call To See if we think we can save you money? If you are not a client, then you can book a call HERE so we can learn more about your business.

  2. If you are a client and we don’t already help you with Profit First or you taxes, email me via [email protected] to arrange a chat about the Profit First System and how it can increase your cash balance and profits (guaranteed)

  3. Get some tax tips from my TikTok HERE

    Visit our website - www.wearegro.co.uk

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